So Microsoft will decrease in the short term
8/7/2024 12:51am
**Microsoft's stock is not expected to decrease in the short term**. Here are the reasons why:
1. **Positive Long-Term Trend**: Microsoft has been rated as having a strong uptrend with a score of +90 on a scale from -100 to +100. This indicates a strong positive trend in the long term.
2. **Support Level**: The current support level for MSFT is at $388.03, which has been holding the stock price up. This level can be expected to provide a floor for the stock price in the short term.
3. **Moving Averages**: The 5-day and 10-day moving averages for MSFT are $407.74 and $416.09, respectively. The stock is currently trading below these averages, which could be seen as a bullish signal if the stock moves back towards these levels.
|Ticker|Name|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|
|MSFT.O|Microsoft|407.7420|416.0930|20240806|MSFT|185|
4. **RSI**: The Relative Strength Index (RSI) for MSFT is at 22.62, which is considered oversold. This indicates that the stock may be due for a bounce back as it is currently undervalued.
|Ticker|Name|RSI|Date|code|market_code|
|---|---|---|---|---|---|
|MSFT.O|Microsoft|22.6178|20240806|MSFT|185|
5. **Analyst Ratings**: Despite the recent volatility, analysts have set a high target price for MSFT, with some even predicting a potential upside. This suggests that analysts still see long-term potential in the stock.
6. **Intrinsic Value**: The intrinsic value of MSFT, calculated through Discounted Cash Flow (DCF), is estimated at $443.84, which is higher than the current trading price, indicating potential undervaluation.
In conclusion, while there have been short-term fluctuations, the positive long-term trend, the support level, and the oversold RSI all suggest that MSFT is not expected to decrease in the short term.